Paris Saint-Germain (PSG), a top-tier football club, has been a trendsetter in the realm of financial innovation within the sporting industry, prominently involving the implementation of blockchain technology and the adoption of cryptocurrencies such as Bitcoin and PSG Coin. The club's recent win in the Champions League resulted in an immediate bullish consequence, leading to an
18% surge of the PSG Fan Token. Coinciding with this, the Parisian club confirmed their shift towards digitalization by adding Bitcoin to their treasury and seeking
Web3 builders to steer their technological advancements. The strategic move marks PSG as the first football club to confidently embrace digital currency on such a scale, signifying a new era in sports finance.
Alongside the Bitcoin adoption, PSG revealed the addition of Bitcoin in their treasury, initiating a mainstream wave of football institutions integrating cryptocurrencies in their balance sheets - an innovative shift that led to an overnight doubling of PSG Fan Token trading volume. Lithely, PSG fans have responded positively to these developments, as the value of the fan token continues to rise despite periodic variations, establishing the club's digital standing.
The club's innovative strides do not end there. It has also partnered with
MATCHAIN, to introduce
Web3 innovations into the world of football. This partnership, along with its endeavours in blockchain validation and the commencement of NFT launches in collaboration with major crypto platforms, ensures PSG stays at the forefront in digital advancement. Lionel Messi, the club's superstar player, also participates in the adoption of crypto - receiving a portion of his salary in fan tokens. In a major shift,
Paris Saint-Germain uniquely has become the first club to hold Bitcoin in their treasury, and also the first to launch its own cryptocurrency.
PSG Coin News Analytics from Mon, 07 Apr 2014 07:00:00 GMT to Wed, 04 Jun 2025 07:00:00 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor 6
